Gas is down... Has demand dropped? NO!

[Jarod]

And it keeps droping.

The reasons are two fold.


The Democrats have a growing power base.

The winter heating season is upon us, and the oil companies know they cant have people freezing to death.

 

[Cancel 2016.2]

And it keeps droping.

The reasons are two fold.


The Democrats have a growing power base.

The winter heating season is upon us, and the oil companies know they cant have people freezing to death.

demand hasn't dropped? Can you back that with data or are you just spouting off some bullshit of the day?

Also, HOW exactly would a growing power base for the Dems effect the price of oil/gas? Their investment into Alt energy would have an effect on future price expectations... is that what you are referring to?

 

[Damocles]

Demand did drop.

But don't believe me:

http://www.gulfnews.com/business/Oil_and_Gas/10254473.html

The drop in demand and the rise of the dollar against other currency creates a drop in the price per barrel.

 

[uscitizen]

Perhaps speculation did also play a part in the high price ?
Naah of course not....

 

[Damocles]

Perhaps speculation did also play a part in the high price ?
Naah of course not....

We already killed that moose.

It can be as much as $25 to $30 of the high price.

 

[uscitizen]

We already killed that moose.

It can be as much as $25 to $30 of the high price.

From recent evidence I think those numbers can at least be doubled.